Bombay HC: National Security Justifies Denial of Police Clearance Certificate  ||  Bombay HC: Comic Remarks Without Malicious Intent Not Religious Insult  ||  J&K&L High Court: Scandalous Allegations Against Judicial Officers in Pleadings Impermissible  ||  P&H HC: Writ Petition Against Private Trust's Contractual Employment Dismissed  ||  Gujarat HC: Customary Divorce Entitles Daughter to Family Pension  ||  Calcutta HC: ECI's Prerogative to Deploy Central Employees as Counting Supervisors Upheld  ||  Calling the Situation Grim, the Supreme Court Takes Suo Motu Cognizance of Delays in NCLT Approvals  ||  Supreme Court: Admission of a Claim by a Resolution Professional is Not Debt Acknowledgment  ||  Supreme Court: Public Figures Must Exercise Caution as Their Words Have Consequences in Society  ||  SC: State Must Act as a Model Employer, Criticising the Union For Not Regularising ISRO Workers    

NCLAT Refuses RIL Waiver to Delist Alok Industries - (21 Nov 2019)

COMPANY

National Company Law Appellate Tribunal has denied a waiver sought by Reliance Industries to delist Alok Industries which it had bought out of bankruptcy earlier this year. The Tribunal has directed Reliance Industries to comply with the approved resolution plan, which did not contain either an exist price for minority shareholders or any procedure for delisting.

Tags : NCLAT   RIL  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved